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Ashwini Roopesh
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Can’t believe dip anymore. Picked up some
$BTC
and
$ETH
just yesterday, and right now, I’m further dragged in to the more dip.
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Ashwini Roopesh
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Among top losers, some of them are new listings. Can't sustain much of the pressure.
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'Get back to work': U.S. President Donald Trump threatens 'true patriots' will replace air traffic controllers. Further, $TRUMP says - "I won’t be able to send your money fast enough!", but will pay $10,000 who worked without any off.
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Trump Says Funds Left Post making $2,000 Tariff ‘Dividend’ Payments Will Be Used To ‘Substantially Pay Down National Debt’. Lets break this down - $2,000 payments: Suppose the government gives $2,000 to each low and middle income American which his own treasury said that it will be tax cut. With approximately 200 million U.S. adults that could cost $400 billion (200 m × $2,000) if given once. If repeated, cost will rises further and leads to massive inflation. Tariff income: To use “massive tariff income” to pay debt, the U.S. would need to raise retaliatory tariffs on every imports or increase other trade barriers and collect huge amounts of revenue from them. But historically, tariff revenues are much smaller than $1 trillion annually and the debts are more. “Left over… will be used to pay down debt”: Even if you have “extra” revenue after covering payments + other spending, the scale of debt is so high like mount Everest and large that what is “left over” would likely be a tiny drop compared to ~$37-$38 trillion. And to be honest, this debt is growing every millisecond. Therefore at end of the day: while conceptually possible, in practice this scale is so huge and not at all practical, and the “massive tariff income” claim is speculative, so it’s unlikely the strategy alone would “substantially” pay down the debt in the short / medium term. Rough numbers: what “substantial” might mean - If the debt is ~$37- $38 trillion, then paying it down by say $5 trillion over a decade would be a “substantial” amount (≈ 13% reduction). To achieve that with tariffs alone: you’d need to raise about ~$0.5 trillion extra per year over 10 years (ignoring interest and growth). That’s ~$500 billion per year. When you add interest and growth, it's a more complex issue. U.S. federal budget revenues are ~$5 trillion/ year; raising an extra ~$500 billion via tariffs is a 10% increase in revenue from current levels — a very large shift, with economic side effects and in turn disrupt the global Trade. $TRUMP #Tariffs
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That's all it take to nuke but also to pump the $BTC and rest of the coins.
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$WLFI token experienced a significant price surge of 28.64% in the last 24 hours, driven by news linking it to Donald $TRUMP backing and developments in the US government shutdown. This price action was accompanied by substantial on chain distribution from the WLFI Mint Authority, including large transfers to Jump Crypto, indicating institutional involvement. Best time to go for short position.
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